Announced
Completed
Financials
Sources
Tags
Italy
Domestic
integrated control systems
boats
yachts
Recreational Vehicles and Boats
Single Bidder
Friendly
Completed
Acquisition
Majority
Private
Synopsis
Quick, an international provider of the nautical equipment sector, completed the acquisition of XENTA, a manufacturer of integrated control systems for boats, yachts, and superyachts. Financial terms were not disclosed. “I am proud to be part of the Quick group with whom I share the vision and strategic choices for the future. I believe that the combination of two such complementary companies can bring a great development in terms of integration of existing products, commercial synergies and, in the near future, the introduction of new products. The common goal is to affirm definitively the concept of integrated control system that the XENTA has launched some years ago and with Quick group it can be definitively asserted on the market,” Stefano Bertazzoni, XENTA Founder.
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